Sometimes things may look fairly sound for certain companies but at the same time, the market sentiments for particular stocks may be changing rapidly. For instance, in certain stocks, investors may be building up significant short positions and that may often imply that a selloff could be around the corner. On the other hand, there might be a counter push as well that may lead to a rally following a short squeeze. This article is going to provide you with a look into five stocks in which significant short positions have been built up.
Houston Natural Resources Corporation (OTCMKTS:HNRC) stock has been seeing heavy buying interest as Short Stock Scanners Indicate a Substantial Short Exists – the company currently has earnings per share to the tune of $0.27. Rarely do you see stocks trading below EPS, and energy stocks trade at a PE of 17.8. At this ratio, HNRC would be $4.80 per share.
Hence, it may be a good idea for investors to consider keeping the Houston Natural Resources Corporation stock on their watch lists at this point in time.
In recent times, there has been significant activities in the Houston Natural Resources Corporation stock and it has delivered eye-catching gains as well. If one looks into the short position in the stock, it is quite clear that a short position has also been built by short sellers.
Pressure BioSciences Inc (OTCMKTS: PBIO) The next one that makes it to the list is the Pressure BioSciences Inc stock. However, it ought to be noted that last week on July 21 the company had actually been in the news after it made a key announcement.
The company announced at the time that it had signed an agreement with the firm North Star Holdings with regards to a financial arrangement for the rollout of the CBD spray that would be meant for tropical use. It would be interesting to see if the Pressure BioSciences stock can manage to go on a rally any time soon or not.
Signal Advance Inc (OTCMKTS:SIGL) – The other company that could well be looked into at this point is Signal Advance Inc. There has been no news about the company in recent times but investors could do well to keep an eye out for the news about it.
Last year on July 15 the company announced that all the resolutions that it had put to its shareholders at the annual general meeting had been passed. It was an important announcement at the time and may have been noticed by investors.
SusGlobal Energy Corp (OTCMKTS: SNRG) Pathogen free liquid fertilizer manufacturing company SusGlobal Energy Corp could well be a stock worth checking out this week.
The last time the company was in the news was back on July 11 that the Verified Emission Reductions and Removals report had been completed by its subsidiary unit SusGlobal Energy Belleville Ltd. The report is essential for the carbon credit development process.
Zerify, Inc. / StrikeForce Technologies, Inc (OTCMKTS: SFOR) – Zerify, which had previously been known as StrikeForce Technologies, had last been in the news back on July 7, 2022.
At the time, it emerged that the company’s CEO Mark Kay was going to be on an interview on The Stock Day Podcast. He spoke at length about the name change and he noted that the company only wanted a name with a single syllable.
Bell Buckle Holdings Inc (OTCMKTS: BLLB) – Last but not least, it is the Bell Buckle Holdings Inc stock that may be worth watching. Earlier on this month on July 12, the company announced the revenues and net income that had been generated by one of its latest acquisitions, Jump Start Sports, during the first half of the year.
It announced that Jump Start had managed to bring in revenues to the tune of $949,325 to go along with profits of $564,954.
